Iowa Third Party Administrator Bond

This surety bond is required by the Insurance Division of Iowa under Iowa Code Chapter 510. All license applicants should include evidence of the existence of a surety bond issued by an insurance company licensed to do business in the state of Iowa. The bond must be in an amount equivalent to 10 percent of the third-party administrator’s average daily client account balance during the preceding calendar year. In no case shall the bond be less than $50,000 or more than $1,000,000. To determine the os of this bond, simply complete our easy online application.

To Obtain an Iowa Third Party Administrator Bond: 

  1. Complete an online application.
  2. One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
  3. Provide payment and your signed agreement, then you will receive your bond!

** all bonds are subject to the underwriting terms and conditions of the issuing company.